123rd MAINE LEGISLATURE
LD 811 LR 855(01)
An Act To Exempt Dietary Supplements from the Sales Tax
Fiscal Note for Original Bill
Sponsor: Rep. Boland of Sanford
Committee: Taxation
Fiscal Note Required: Yes
             
Fiscal Note
2007-08 2008-09 Projections 2009-10 Projections 2010-11
Net Cost (Savings)
General Fund $690,144 $995,400 $1,004,880 $1,014,360
Revenue
General Fund ($690,144) ($995,400) ($1,004,880) ($1,014,360)
Other Special Revenue Funds ($37,856) ($54,600) ($55,120) ($55,640)
Fiscal Detail and Notes
Exempting certain dietary supplements from the sales tax will reduce General Fund revenue by an estimated $690,144 in fiscal year 2007-08 and $995,400 in fiscal year 2008-09.